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Bitcoin BTC Price Stays Flat Near $64K as Kospi's Record 17% Rally Bypasses Crypto Market
31.07.2026 08:48
Bitcoin (BTC) remained range-bound near the $64,000 mark on Tuesday, showing no significant reaction to the historic surge in South Korea's Kospi index, which posted a record-breaking 17% single-day gain. The stark divergence highlights how traditional equity markets and the cryptocurrency sector are currently operating on separate tracks, with capital flows into Asian equities failing to spill over into digital assets. Despite the Kospi's unprecedented rally, BTC/USD trading volumes and volatility stayed subdued, suggesting that institutional investors remain focused on conventional markets while crypto traders await clearer macroeconomic signals. Analysts note that Bitcoin's inability to capitalize on the risk-on sentiment underscores its ongoing consolidation phase, with key support and resistance levels holding firm between $62,000 and $66,000.
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